Lynn, MA31 Franklin Street
Sale Price$3,525,000
MLS Number 73247670
- MultiFamily
- Bedrooms 18
- Bathroom 18
- Square Feet 11,316
- Parking Spaces 18
31 Franklin Street contains eighteen 1-Bedroom/1-Bathroom units. The well-maintained Property features an on-site laundry facility, storage units and eighteen on-site parking spaces. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply constrained residential market. The Property is well-located along Franklin Street and is 0.1-miles from Market Street and 0.3-miles from Western Avenue. The Property is situated along the edge of Downtown Lynn and is walkable to numerous dining, drinking, shopping, cultural and entertainment amenities including Central Square, BayRidge Hospital, North Shore Community College, and Lynn Beach.
Listed by Dennis Kelleher and Stephen Girolamo of Horvath & Tremblay
Listing Sold by Horvath & Tremblay
| Price | Down Payment | Interest Rate | Years |
|---|---|---|---|
| % |
Est. Mortgage: $/month
Federal 30-year interest rate: 6.71% last updated on 2026-09-03
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.


